147

Article 147 The resources of a Decentralized Territorial Collectivity include notably: • the product of the taxes and assessments voted by its Council and directly received in favor of the budget of the Decentralized Territorial Collectivity; the law determines the nature and the maximum rate of those taxes and assessments taking duly into account the charges assumed by the Decentralized Territorial Collectivities and the global fiscal charge imposed on the Nation; the part that reverts to it by law on the product of the taxes and assessments received in favor of the budget of the State; that part that is automatically deducted at the moment of the collection, is determined by the law according to a percentage that takes into account the charges assumed globally and individually by the Decentralized Territorial Collectivities and to assure a balanced economic and social development between all the Decentralized Territorial Collectivities on the whole of the national territory; The product of the subsidies, allocated or non- allocated, consented by the budget of the State to all or each one of the Decentralized Territorial Collectivities to take into account their particular situation, or to compensate, for those Decentralized Territorial Collectivities, for the charges caused by the programs or projects decided by the State and implemented by the Decentralized Territorial Collectivities; The product of non-refundable external aid and the product of donations to the Decentralized Territorial Collectivities; the revenues from their patrimony; the loans of which the conditions of subscription are established by the law. Madagascar 2010 Page 34 constituteproject.org PDF generated: 31 Oct 2013, 18:43 SUB-TITLE II OF THE STRUCTURES CHAPTER I Of the Communes